B. Metzler seel. Sohn & Co. Holding AG Makes New $3.65 Million Investment in Welltower Inc. (NYSE:WELL)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Welltower Inc. (NYSE:WELL) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 28,504 shares of the real estate investment trust’s stock, valued at approximately $3,649,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. First Foundation Advisors purchased a new stake in Welltower in the second quarter worth $26,000. TruNorth Capital Management LLC purchased a new stake in Welltower in the 2nd quarter worth about $27,000. Meeder Asset Management Inc. bought a new stake in Welltower in the 2nd quarter valued at about $30,000. Centerpoint Advisors LLC purchased a new stake in Welltower during the second quarter valued at about $31,000. Finally, Fortitude Family Office LLC boosted its position in Welltower by 37.0% during the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 78 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WELL has been the topic of several research reports. Wolfe Research raised shares of Welltower to a “strong-buy” rating in a research report on Friday, August 9th. Evercore ISI boosted their target price on shares of Welltower from $106.00 to $114.00 and gave the company an “in-line” rating in a report on Monday, September 16th. Wedbush raised their price target on Welltower from $100.00 to $120.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Scotiabank boosted their price objective on Welltower from $121.00 to $133.00 and gave the company a “sector outperform” rating in a research note on Monday, September 23rd. Finally, Royal Bank of Canada raised their target price on Welltower from $101.00 to $114.00 and gave the stock a “sector perform” rating in a research note on Friday, August 9th. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $116.68.

Welltower Trading Down 0.5 %

NYSE:WELL opened at $137.45 on Thursday. The company has a 50-day moving average price of $130.76 and a 200-day moving average price of $116.41. The stock has a market cap of $85.59 billion, a price-to-earnings ratio of 90.43, a P/E/G ratio of 3.05 and a beta of 1.20. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. Welltower Inc. has a 12 month low of $85.40 and a 12 month high of $140.19.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.31). Welltower had a net margin of 12.22% and a return on equity of 3.20%. The firm had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the previous year, the firm posted $0.92 earnings per share. The business’s revenue was up 23.7% compared to the same quarter last year. Equities analysts predict that Welltower Inc. will post 4.3 EPS for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Wednesday, November 13th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend is Wednesday, November 13th. Welltower’s dividend payout ratio (DPR) is presently 176.32%.

About Welltower

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.